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Location, location, location! Opportunity awaits in this apartment in Downtown St Pete, FL! This historic landmark was constructed circa 1927, it showcases Mediterranean Revival architecture and holds the distinction of being one of Florida’s first cooperative buildings. The building is noted for being the spring training for home for years to baseball legends Babe Ruth and Lou Gehrig. This 55+ building is rich with history, character and charm. It is located in the heart of Downtown St Pete just a few blocks away from Beach Dr NE. Yes, just a few minutes to the Saturday Morning Market , Historic Vinoy Hotel, Museum of Fine Arts, Salvador Dali Museum, Chihuly Collection, Sundial St Pete Pier, marinas, shops restaurants and the waterfront parks. There are two rooftop terraces for social gathering and enjoying the views of the Downtown waterfront and sunsets. The apartment is located in the more private South East corner of the building away from the street. This spacious 1 bedroom 1 bath has mid century old-fashioned charm that presents the perfect opportunity for the new owner to put all their own touches throughout. Natural light pours in from the East, South and West-facing windows throughout the day. Some of the windows are newer so that’s one less thing to do in the future. The sun makes the dining/living rooms feel sun-drenched and inviting for entertainment and leisure. There is private balcony off the living area for your own peaceful enjoyment in the rear courtyard. There is bike storage, laundry and a fitness room in the basement. Electricity, gas, water, sewer, trash, on site property manager and more is included in the quarterly maintenance fees (or $766/mo). Make your appointment to seen this apartment today.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $199,200 | $199,200 | $199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 7.017% | 6.034% |
Monthly Tax Payment | $23 | $23 | $23 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,227 | $1,309 | $1,654 |
Total Monthly Payment | $1,325 | $1,407 | $1,752 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.